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PB franchises within universal banks find it harder to secure resources for investments in analytics: McKinsey

Private banks in the region — especially businesses within a universal bank set-up — are still “sitting on the fence” for investments in analytics technology, because the ROI can be less predictable compared to investments in other technologies. Over the last few years, many PBs have publicly emphasised the importance of digitalisation in their business. Yet, consultants pointed out that…

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